Raja Venkatraman recommends two stocks for 23 October
New Delhi, Oct. 23 -- Market direction remains completely unclear, with sharp two-way swings leaving investors uncertain about where equities are headed. As we enter the final day of the derivatives expiry, the silver lining is that market sentiment-though severely battered-will simply need time to recover.
INDHOTEL (current price: Rs.782.30)
Buy above Rs.785, stop Rs.750, target Rs.855 (Multiday)
Buy above Rs.4,780, stop Rs.4,550, target Rs.5,280 (Multiday)
Sell below Rs.1,675, stop Rs.1,735, target Rs.1,550 (Multiday)
On 22 October, Indian equities slipped as weak global cues kept sentiment subdued. The market opened lower and remained under pressure through most of the session, with the Nifty briefly falling below 22,600 intraday ...
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